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View Full Version : Peru Plans to Raise Reserve Requirement to 120% for Foreign Banks From 65% - Bloomber



NewsWhore
08-26-2010, 07:50 PM
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Peru Plans to Raise Reserve Requirement to 120% for Foreign Banks From 65% (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHTSv5jutbe6mhmma60zU5ocetLLA&url=http://www.bloomberg.com/news/2010-08-26/peru-plans-to-raise-reserve-requirement-to-120-for-foreign-banks-from-65-.html)
Bloomberg
The measure seeks to deter â??short-term speculative fundsâ?? from entering the Peruvian financial system and destabilizing the currency, the bank said. ...
Peruvian Economy May Expand 6.8% This Year, Finance Minister Araoz Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFPzX19Z0mA6XS5osOufPoHM2u4-g&url=http://www.bloomberg.com/news/2010-08-26/peruvian-economy-may-expand-6-8-this-year-finance-minister-araoz-says.html)Bloomberg

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